Massachusetts Lottery

MALottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Mar 14, 2026 is estimated to be $75 Million, with a cash option of 34.6 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Massachusetts, your state will take 5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Massachusetts Powerball Jackpot/Cash Option for Sat Mar 14, 2026

Draw Date	Jackpot	Cash Option
Sat Mar 14, 2026	$75,000,000	$34,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$34,600,000
Federal Tax(24%)	$8,304,000
Additional Federal Tax	$4,458,330
State Tax(5%)	$1,730,000
Net Lumpsum Payment	$20,107,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,128,825	-$377,996 -$56,441	$694,388
2	$1,185,300	-$398,891 -$59,265	$727,144
3	$1,244,550	-$420,814 -$62,228	$761,508
4	$1,306,800	-$443,846 -$65,340	$797,614
5	$1,372,125	-$468,017 -$68,606	$835,502
6	$1,440,750	-$493,408 -$72,038	$875,304
7	$1,512,750	-$520,048 -$75,638	$917,064
8	$1,588,425	-$548,048 -$79,421	$960,956
9	$1,667,850	-$577,435 -$83,393	$1,007,022
10	$1,751,250	-$608,293 -$87,563	$1,055,394
11	$1,838,775	-$640,677 -$91,939	$1,106,159
12	$1,930,725	-$674,699 -$96,536	$1,159,490
13	$2,027,250	-$710,413 -$101,363	$1,215,474
14	$2,128,650	-$747,931 -$106,433	$1,274,286
15	$2,235,075	-$787,308 -$111,754	$1,336,013
16	$2,346,825	-$828,656 -$117,341	$1,400,828
17	$2,464,125	-$872,057 -$123,206	$1,468,862
18	$2,587,350	-$917,650 -$129,368	$1,540,332
19	$2,716,725	-$965,519 -$135,836	$1,615,370
20	$2,852,550	-$1,015,774 -$142,628	$1,694,148
21	$2,995,200	-$1,068,554 -$149,760	$1,776,886
22	$3,144,975	-$1,123,971 -$157,249	$1,863,755
23	$3,302,175	-$1,182,135 -$165,109	$1,954,931
24	$3,467,325	-$1,243,241 -$173,366	$2,050,718
25	$3,640,650	-$1,307,371 -$182,033	$2,151,246
26	$3,822,750	-$1,374,748 -$191,138	$2,256,864
27	$4,013,850	-$1,445,455 -$200,693	$2,367,702
28	$4,214,550	-$1,519,714 -$210,728	$2,484,108
29	$4,425,300	-$1,597,691 -$221,265	$2,606,344
30	$4,646,550	-$1,679,554 -$232,328	$2,734,668